Nachtigal hydro plant deal analysis, Glencore loses bid to stop ATO using Paradise Papers to assess tax bill, and Bank of Georgia signs trade finance loan with Citi for SMEs

In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:

• Nachtigal set the financing template for hydro in Cameroon in late 2018. Now a very ambitious project more than four times the size of Nachtigal is underway, but is it too much too soon in terms of bankability?

• Glencore has lost its case to prevent the Australian Tax Office (ATO) using information that was leaked as part of the Paradise Papers to assess its tax obligations

• Bank of Georgia has signed a one-year $50 million trade finance facility with Citi for small and medium-sized firms across the country

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